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Real-time flash: Ethereum hit bottom and rebounded, short-term long positions saw explosive gains.
Market dynamics
Intraday, the overall crypto market is consolidating and recovering. Bitcoin stabilized and traded sideways to digest selling pressure, while Ethereum's elasticity advantage stood out. After the market dipped to complete the release of short-side momentum, funds converged to buy the dip. Prices quickly rallied, creating a short-term bullish trend. Short-term dip buyers enjoyed a significant 🦅 profit window.#ETH